Trade gap shrinks 42% in November

Israel's trade deficit - excluding ships, aircraft, and diamonds - narrowed in November to $514.2 million, from $887.8m. in October, the Central Bureau of Statistics said Monday.

By DANIEL KENNEMER
December 14, 2005 07:12

Israel's trade deficit - excluding ships, aircraft, and diamonds - narrowed in November to $514.2 million, from $887.8m. in October, the Central Bureau of Statistics said Monday. Imports of consumer goods fell 4.3% in annual terms from September through November, with durable goods imports (furniture, domestic electrical appliances, and vehicles) falling 9.4%. Exports, excluding diamonds, rose an annual 8.3% according to trend data for September through November, led by a 13.1% rise in high-tech industrial exports.


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